Scientific Research and Experimental Development Tax Incentive Program
Government of Canada, Canada Revenue Agency
Overview
If your business is engaged in scientific research and experimental development (SR&ED), you can claim a deduction against income or earn an investment tax credit (ITC)
At a glance
| Categories | tax credit |
|---|---|
| Status | Accepting applications |
| Region | ALL |
| Sectors | research |
Eligibility and requirements
Funding limits Basic rate of 15%, Enhanced rate of 35% Use this to Earn a refundable ITC Claim a deduction against income Your project Deals with a scientific or a technological uncertainty Involves formulating hypotheses specifically aimed at reducing or eliminating that uncertainty Adopts an overall systematic investigative approach (e.g. testing the hypotheses by experiment or analysis) Has the purpose of achieving a scientific or a technological advancement Diligently logged, and has records of the hypotheses tested and results achieved
How Mona Studio helps business owners use this program
Scientific Research and Experimental Development Tax Incentive Program is one of many Canadian funding options listed in our grant finder. Mona Studio helps research teams translate program requirements into a practical workflow or AI adoption scope for leadership review, grant writers, and lenders. We summarize eligibility and funding here for discovery — confirm all details on the official program website before applying.
Similar funding opportunities
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- Film or Video Production Services Tax Credit — Government of Canada, Canadian Heritage
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